Bank of America Merrill Lynch said Tuesday it has appointed Sander Press as managing director and head of coal trading for Europe and Asia.

Press comes from BHP Billiton, where he was responsible for all energy coal positions globally, including price risk management and trading, the company said in a statement.

He is expected to join the company towards the end of December, it added.

-By Gurdeep Singh, Dow Jones Newswires; 65-6415 4064; gurdeep.singh@dowjones.com